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Live Updates

18

Jul 2025
The USD/CNY reference rate is anticipated at 7.1736, determined by the PBOC shortly

The PBOC sets a daily yuan midpoint, guiding its value within a controlled 2% trading band.

18

Jul 2025
Canada’s trade minister aims for prompt discussions with China and fosters trade dialogue with various nations

Canada seeks dialogue with China, Mercosur, and ASEAN to address trade challenges and expand global trade relations.

18

Jul 2025
Resistance from Germany to EU tax plans was indicated by Chancellor Friedrich Merz’s concerns over proposals

Friedrich Merz opposes EU-wide corporate tax hikes, urging budget management within existing financial limits.

18

Jul 2025
The auction yield for the United States 4-Week Bill decreased from 4.235% to 4.23%

U.S. Treasury yields dip; AUD, EUR weaken; gold stabilizes; XRP rises; China shows growth amid concerns.

17

Jul 2025
Japan’s inflation rates continue exceeding the Bank of Japan’s 2% target, impacting upcoming elections

Japanese inflation exceeds 3%, prompting speculation of forecast changes as political pressure mounts before elections.

17

Jul 2025
The Euro remains steady above 0.9300, as bears struggle to instigate a decline

EUR/CHF holds above 0.9300; low volatility signals breakout potential amid weak Euro and technical resistance.

17

Jul 2025
The Euro experiences a slight decline against the Japanese Yen after a peak close to 173.25

Euro holds above 172.00 amid weak Japanese trade data and central bank policy divergence supporting further gains.

17

Jul 2025
Christopher Waller discussed the Fed funds rate, suggesting 3% while emphasising data-driven policy adjustments

Rate cuts depend on data; long-term rate uncertain; no rush on bond sales; stablecoins welcomed.

17

Jul 2025
In May, the business inventories in the United States aligned perfectly with projections at zero percent

U.S. inventories steady; U.S. Dollar strengthens; Gold pressured; Ripple rebounds; China’s GDP grows 5.2%.

17

Jul 2025
Christopher Waller advocates for a 25bp interest rate reduction, citing economic risks and labour market concerns

Waller backs July rate cut, citing slowing growth, weakening job market, and limited inflationary pressures.

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